DRY ICE TECHNOLOGY ApS — Credit Rating and Financial Key Figures

CVR number: 28334869
Møllebakken 3, Vejrum 7600 Struer
so@dryice4you.com
tel: 70205094

Credit rating

Company information

Official name
DRY ICE TECHNOLOGY ApS
Personnel
10 persons
Established
2005
Domicile
Vejrum
Company form
Private limited company
Industry
  • Expand more icon81Services to buildings and landscape activities

About DRY ICE TECHNOLOGY ApS

DRY ICE TECHNOLOGY ApS (CVR number: 28334869) is a company from STRUER. The company recorded a gross profit of 3418.9 kDKK in 2023. The operating profit was 311.4 kDKK, while net earnings were 273.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 13.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DRY ICE TECHNOLOGY ApS's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 529.202 551.902 582.983 831.323 418.86
EBIT-4.51929.18572.681 121.78311.43
Net earnings-16.34757.11438.44845.30273.91
Shareholders equity total181.57938.681 191.121 850.422 124.33
Balance sheet total (assets)1 358.462 547.292 800.843 625.093 509.03
Net debt- 435.57- 774.17-1 199.37-1 563.37-1 523.95
Profitability
EBIT-%
ROA-0.1 %49.9 %21.4 %34.9 %9.0 %
ROE-4.5 %135.2 %41.2 %55.6 %13.8 %
ROI-0.3 %163.0 %51.5 %72.8 %15.9 %
Economic value added (EVA)-2.90726.93432.50867.89268.67
Solvency
Equity ratio13.4 %36.9 %42.5 %51.0 %60.5 %
Gearing7.6 %0.8 %0.5 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.31.41.82.2
Current ratio1.01.31.41.82.2
Cash and cash equivalents435.57845.941 209.221 573.521 534.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:8.96%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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